Answer:
Check the explanation
Explanation:
Please the answer to this question is in the attached file
You can confirm the answer by planning income statement with the calculated amount of unit so that whenever you’re through with the calculation, you must get an income figure of 240000. As the amount of units are in decimal so +/- of small number could be possible like you will get the operating income of 240005 if you put 13077 units .
Answer:
correct option is A. $5,087
Explanation:
given data
March 1, 2016, inventory: 1,000 gallons @ $7.20 = $7,200
Purchases amount Sales
Mar. 10 600 gals @ $7.25 4350 Mar. 5 400 gals
Mar. 16 800 gals @ $7.30 5840 Mar. 14 700 gals
Mar. 23 600 gals @ $7.35 4410 Mar. 20 500 gals
Mar. 26 700 gals
total 3000 @7.267 21800
cost of good sold 2300 @ 7.267 16714
so
balance is = 3000 - 2300 = 700 @ 7.267
ending inventory is $5087
so correct option is A. $5,087
The inventory control manager at Wheeled Coach would need to have ABC investigation as well as actualize tight physical control of the stockroom. He would likewise execute a cycle tallying framework, and guarantee that issues require building change sees for those things not at first included on the bill of material. To the degree attainable, stockrooms would be united.
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